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Personal property tax is reported on Schedule A Itemized Deductions line 5. State and local taxes are subject to a $10,000 reporting cap.
In addition, if your tax return claimed the Standard Deduction, Schedule A will not be present in your tax return.
For deducting PP taxes, you need to use Itemized deductions, not the Standard deduction,
Personal property tax is reported on Schedule A Itemized Deductions line 5. State and local taxes are subject to a $10,000 reporting cap.
In addition, if your tax return claimed the Standard Deduction, Schedule A will not be present in your tax return.
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